INTANGIBLE ASSETS, NET

12 Months Ended

Dec. 31, 2015

Intangible Assets, Net (Excluding Goodwill) [Abstract]

Intangible Assets Disclosure [Text Block]

INTANGIBLE ASSETS, NET

Intangible assets from continuing operations consist of the following:

	December 31,
	2015		2014
	US$		US$
			(Restated)
Software Copyright		3,754,861		3,964,412
Patent and others		2,847,940		3,006,878
Total intangible assets		6,602,801		6,971,290

Less: Accumulated and amortization		(658,644)		(378,014)
Impairment loss		(1,495,353)		(1,578,806)
Intangible assets, net		4,448,804		5,014,470
Less: intangible assets, net, held for discontinued operations		-		-
Intangible assets, net, held for continuing operations		4,448,804		5,014,470

Amortization expense from the continuing operations was $312,821, $104,063 and $100,352 for the years ended December 31, 2015, 2014 and 2013, respectively. Amortization expense from the discontinuing operations was $0, $47,610 and $43,501 for the years ended December 31, 2015, 2014 and 2013, respectively. Impairment loss from the discontinuing operations was $0 and $1,579,495 for the years ended December 31, 2015 and 2014, respectively. Annual future amortization expense at December 31 as follows:

	US$
2016		386,540
2017		383,447
2018		381,238
2019		381,238
2020		381,238
2021 and thereafter		2,535,103
		4,448,804